Providing knowledge and insights about the economics of the agri-food system

Ag Economist Topics

In this post, we’ll look at what’s ahead in 2017 and dive into the difference between your farm income statements and balance sheets. They’re basic financial tools, but important to master because they drive your business decisions.

The concerns around debt aren't new in Canada. Discussions of Canadian consumer debt - totaling more than $1.8-trillion as of April 1 - have sounded alarm bells. Canadian farm debt climbed at a time when the overall farm economy boomed. Net cash income at the farm level increased from $6.9 billion in 2004 to $12.7 billion in 2013.